Reliable Energy Alliance Inc
- Assets
- $179.0k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- Data as of
- 12/2022
- EIN
- 86-2474130
Organization Overview
Reliable Energy Alliance Inc is located in Houston, TX. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reliable Energy Alliance Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Reliable Energy Alliance Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 69.1% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 70.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PARTNER WITH STAKEHOLDERS, GOVERNMENT, AND INDUSTRY TO MAKE TEXAS CARBON NEUTRAL BY 2050.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CNC PARTNERS WITH STAKEHOLDERS, THE GOVERNMENT, AND INDUSTRY ORGANIZATIONS TO MAKE TEXAS CARBON NEUTRAL BY 2050. THE ORGANIZATION ADVANCED ITS MISSION THROUGH PUBLIC OUTREACH, ADVOCACY, AND RESEARCH. CNC UTILIZED STATE-WIDE POLLING AND FOCUS GROUPS TO REFINE ITS OBJECTIVES; CREATED AND PUBLISHED NUMEROUS OP-EDS, COMMERCIALS AND SOCIAL MEDIA POSTINGS; AND PARTICIPATED IN RESEARCH BY SUPPORTING ACADEMICS AND SUBJECT MATTER EXPERTS IN PUBLISHING AND EDITING TOPICAL PAPERS FOR PUBLIC EDUCATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corbin J Robertson Jr Chairman And President | OfficerTrustee | 1 | $0 |
Will Robertson Treasurer | OfficerTrustee | 1 | $0 |
John Jeffers Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Weeks & Co Inc Consulting And Advertising | 12/30/22 | $798,500 |
Colyandro Public Affairs Consulting | 12/30/22 | $267,009 |
Raconteur Media Company Consulting | 12/30/22 | $242,661 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,376,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,376,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,376,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $750 |
| Fees for services: Accounting | $269 |
| Fees for services: Lobbying | $246,000 |
| Fees for services: Fundraising | $75,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $91,400 |
| Advertising and promotion | $122,500 |
| Office expenses | $2,954 |
| Information technology | $3,161 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $962 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,222 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,489,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,965 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $178,965 |
| Accounts payable and accrued expenses | $323,785 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $323,785 |
| Net assets without donor restrictions | -$144,820 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $178,965 |